Eudia Announces $105M Series A Financing
Summary
PALO ALTO, CA, Eudia, a groundbreaking Augmented Intelligence platform for Fortune 500 legal teams, today announced the close of its Series A funding round for up to $105 million. The round was led by General Catalyst with participation from Floodgate, Sierra Ventures, Hakluyt Capital, Defy, Everywhere Ventures, B3 Capital, Backbone, Firsthand, as well as prolific angel investors Gokul Rajaram, Chris Re, Andrew Sieja, Mike Gamson, and Scott Belsky. Eudia is transforming the role of legal departments in Fortune 500 companies with its Augmented Intelligence Platform. By combining the power of a best-in-class AI platform with expert humans-in-the-loop, Eudia eliminates routine work, illuminates previously unseen insights, and empowers legal teams to deliver measurable business value. Eudias approach helps Chief Legal Officers efficiently scale operations, mitigate risk, optimize external counsel spend, and free their teams from the toil of menial legal tasks.
Funding
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